Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
MasterCard introduces MasterPass supporting NFC, QR Codes
Posted on 26-Feb-2013 09:28 | Tags Filed under: News



MasterCard today introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

“Every device is becoming a shopping device,” said Ed McLaughlin, chief emerging payments officer, MasterCard. “MasterPass brings together all of the ways we pay for things, from traditional plastic cards to digital wallets, and gives consumers the ability to make a payment from wherever they are and with one simple experience.”

MasterPass is the evolution of PayPass Wallet Services, which was announced in May 2012 and has been in production trial with select merchants and issuers.

Consumers around the world will now be able to sign up for the service through financial institutions in Australia and Canada by the end of March, and in the United States and the United Kingdom later. Additionally, MasterPass availability in 2013 will expand to other markets worldwide, including Belgium, Brazil, China, France, Italy, Netherlands, Singapore, Spain and Sweden.

The MasterPass suite of services includes:

• MasterPass checkout services – to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. For online purchases, MasterPass provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase.

• MasterPass-connected wallets – to enable banks, merchants and partners to offer their own wallets. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust. The wallet is open, which means that in addition to MasterCard cards, consumers can use other branded credit, debit and prepaid cards.

• MasterPass value added services – to enrich the shopping experience before, during and after checkout. These will include more information like account balances and real-time alerts, loyalty programs, as well as Priceless offers and experiences.






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Orcon Down once more
Created by ronw, last reply by hio77 on 20-Feb-2018 22:11 (46 replies)
Pages... 2 3 4


ANZ NZ drops other bank ATM fees
Created by antoniosk, last reply by logo on 20-Feb-2018 21:38 (53 replies)
Pages... 2 3 4


Ceiling heat to “assist” hot water cylinder
Created by chimera, last reply by Aredwood on 20-Feb-2018 16:14 (22 replies)
Pages... 2


Jury Duty
Created by networkn, last reply by dejadeadnz on 20-Feb-2018 19:53 (166 replies)
Pages... 10 11 12


poor cellular coverage - 2D just will not do anything about this
Created by kaczor47, last reply by hio77 on 20-Feb-2018 20:32 (13 replies)

Vodafone Fibre Max speeds.
Created by VirtualKiwi, last reply by hio77 on 19-Feb-2018 10:52 (12 replies)

Backing up SD card while travelling overseas
Created by Lightbulb, last reply by Wade on 18-Feb-2018 16:51 (25 replies)
Pages... 2


Wine & Coffee increase lifespan
Created by Fred99, last reply by MikeAqua on 20-Feb-2018 14:25 (23 replies)
Pages... 2